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QUESTION 14 While reviewing established cost accounting techniques, it is important to recognize that there is no such thing as true cost in cost accounting.
QUESTION 14 While reviewing established cost accounting techniques, it is important to recognize that there is no such thing as "true" cost in cost accounting. (Ch 8) O True O False QUESTION 15 In developing a pro forma, it is important to be relatively aggressive when estimating volumes, contractual adjustments, and net revenues. (Ch 12) O True O False QUESTION 16 Variable staffing expenses for a program that are incurred before any revenue is generated are referred to as (Ch 12) O hidden costs O projected costs O sunk costs O startup costs
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